LONDON: Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling output upend global supply lines. Daily earnings to
SINGAPORE: As the industry explores multiple decarbonization pathways, methanol is gaining attention as a practical and scalable alternative fuel for deep-sea shipping. This is supported by over 450 methanol-capable vessels in operation and on
LONDON: Two sanctioned oil tankers, the Kairos and the Virat, have caught fire in the Black Sea a few dozen nautical miles off the Turkish coast. Their crews are safe as the causes of
BRUSSELS: The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its first event in Brussels last week, bringing shipowners, engine designers, technology providers and EU policymakers together to accelerate efforts to reduce methane emissions from shipping.
NEW DELHI : Oil and Natural Gas Corporation (ONGC) has taken a significant step toward its renewable energy target of 10 GW by 2030, awarding a 300 MW ISTS-connected solar power project that will
TOKYO: The Maritime Technologies Forum (MTF) on Wednesday announced the publication of guidelines for conducting qualitative risk assessments for alternative-fuelled ships: HAZID and HAZOP. The use of alternative fuels will be key to addressing the ‘2023
BELEM (BRAZIL): On Energy and Transport Day at COP 30, Environmental Defense Fund, Pacific Environment, Seas At Risk, Solutions for Our Climate, and Transport & Environment call on national governments to urgently accelerate action
TOKYO: ClassNK has released the ‘Part A Guidelines for Ships Using Alternative Fuels (Edition 3.0.1)’. This edition includes supplementary explanations about interpretations of safety requirements for methyl/ethyl alcohol-fueled ships, as well as compiling key
LISBON: BetterSea, a leading provider of FuelEU compliance and pooling solutions, and Evigo, an OSM Thome company dedicated to advancing sustainable maritime operations and emissions management, Thursday announced a strategic partnership focused on accelerating
BRUSSELS: Ahead of the COP30 climate change negotiations, which open next week in Belém, Brazil, nearly 100 members of the global scientific community, including representatives from the Union of Concerned Scientists, have signed on to